Originally Posted by mlyonsd
The rich do pay more. Way more. But you could take all their money and it wouldn't fix our financial problems.
Unfortunately a little thing called reality gets in the way and we are not only going to have to cut spending and address entitlement reform, the rest of us are going to have to start paying more of our fair share.
I realize that you are borderline retarded but when you are comparing things of different sizes, like income, you have to rely on percentages for apple to apple comparisons. The wealthy's effective tax rate (what they actually pay as a % of their income) is historically low.
Aside from that, lifting the cap on wages subject to FICA taxes fixes social security. I agree that some spending must be cut and that defense spending should be the first to be reviewed for cuts.